Press Release

Drone Deterrence System Market to Grow at Double Digit CAGR until 2024

Increasing incidence of security infringement by unauthorized drones is driving global drone deterrence system market

According to TechSci Research report, Global Drone Deterrence System Market By Mitigation Type, By Defense Type, By End User, By Region, Competition, Forecast & Opportunities, 2024, the global drone deterrence system market is projected to grow at CAGR of over 30% during the forecast period on account of increasing incidences of terrorism and security breaches by unidentified drones, globally. Counter drone or anti drone or drone deterrence systems refers to systems that are used to intercept UAVs or drones. Based on the requirement, these systems can be used for forced landing or destruction of drone. On account of growing acceptance of drones in various industry verticals, cases of security threats have increased in recent years, consequently, driving the growth of drone deterrence system market for the safety of military and civilian entities.

The growth of drone deterrence systems is linked to concerns about threats that drones could pose in wartime. Increasing proliferation of drones is a concern for military as air defense systems developed for protecting airspace are ineffective against UAVs. This is due to the fact that most of the air defense systems are designed to identify large, fast moving objects; however, drones are small, slow moving when compared with aircraft. Additionally, it is quite impractical to launch expensive anti-aircraft weapons to shoot drones.

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Drone deterrence system market can be segmented based on mitigation type, defense type, end user and region. The most popular technologies used in defense type are drone detection & jamming system and drone detection only system. Drone detection and jamming systems either take down signals between the drone and its operator by generating large volumes of RF output or disrupts drone’s satellite link which is used for navigation. Major players operating in the drone deterrence market include Advanced Radar Technologies S.A., Dedrone, Blighter Surveillance Systems Ltd., DeTect, Inc., Droneshield Ltd., Israel Aerospace Industries Ltd. (IAI), Lockheed Martin Corporation, Raytheon Company, Thales Group, Saab Ab, among others.

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Global drone deterrence system market is at a nascent stage with over 235 counter drone products either under development or in the market. “Global drone deterrence system market is anticipated to grow at double digit CAGR over the next five years on account of factors such as surging drone detection cases, rising use of drones in illegal and terrorist activities and close encounters of UAVs with commercial aircraft, stressing on the need for the anti-drone system to be in place for handling such situations.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Drone Deterrence System Market By Mitigation Type, By Defense Type, By End User, By Region, By Company, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global drone deterrence system market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global Drone Deterrence System market.

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